seasonality of the quarter with no flagship devices releases coupled with a slow recovery of consumer purchasing power. Handset margins recorded at 1.2%, primarily due to a higher proportion of low-margin

exempted; The granting of exemptions under the first paragraph shall take into significant consideration the appropriateness and sufficiency of information for making investment decisions and measures for

. The trust instrument may allow exemptions on (a) or (b) for the acquisition of units through inheritance. (2) the statement that the registrar may not register the unit holders’ name in the register if

has other measures which are adequate and sufficient to compensate for the compliance with the regulations or conditions to be exempted. The granting of exemptions under the first paragraph shall take